MG, The Story of T
The Story of O was better. <gg>
You know the amazing part about it is that after all those complications, it barely produced an Index rate of return. There is a lot to be said for the simplicity of SPY
Well, your Core had to be loving life today!!!
If it looks like we will close above OEX 664 tomorrow, I'll probably commit the Phleet. Clearly, the Market wanted to go up, but, I believe, was only held up by 1) that bond rate, and 2) the anticipated reaction to the trade figures. The latter is a joke as it is our corporations creating the issue. However, it is hard to ignore the former.
Clearly, MSFT's earnings, as the drugs and financials were fantastic, as anticipated. However, I understand the the judge's decision in the MSFT case is scheduled to be released on Friday. I got to believe that there will some anticipatory selling into any move up.
I think I'm going to use DIA for the first time. There is all sorts of nasty resistance at $106.875, but that is a 4.6% move from the close. Further, it will let me get away from all those company specific issues. Sure seems like a long time to come to this decision.
However, as you noted to bb, this a down trend punctuated by explosive moves up. I've always referred to my Phleet as petrie dishes. I think I'll go conduct an experiment.
Just a View from the Swamp
TB |
